Cal. Ins. Code § 1420

Current through the 2023 Legislative Session.
Section 1420 - Savings and credits returned to subscribers

Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.

Ca. Ins. Code § 1420

Amended by Stats. 1967, Ch. 581.